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meszaros
Mar 5, 2020 10:33 PM

XPTUSD (Platinum) long entry TP 918usd. Long

PlatinumOANDA

Description

XPTUSD (Platinum) long entry TP 918usd. The analysis shows that platinum may turn north from its current level. This is because the D1ATR range seen in the white rectangle stopped at 50%. If you turn from this level (866usd), there may be a significant rise before moving. The D1ATR50% turning points always indicate a strong trend start.
Comments
Captain_Walker
Wonderful find. Excellent structure area.
meszaros
@Captain_Walker, Thank you very much.
freddie1996
Great trade there! Wish I'd caught that!
meszaros
@freddie1996, Thank you very much. There will be similar good movement on the stock market. In the coming months, oil will be a surprise.
freddie1996
@meszaros, It seems to have returned to the buy zone, would you buy again or leave it now?
meszaros
@freddie1996, I'll skip it now. Today I started buying shares of oil companies. It's almost free :)
freddie1996
@meszaros, yes shell has been destroyed. Probably a good buy, but is it the bottom though? Is that for short/long term strategy your buy?
meszaros
@freddie1996, Exactly. I mean 2-3 years in equities.
freddie1996
@meszaros, Would you recommend a short term hold of a month or is that too risky? I could go a lot lower still.
meszaros
@freddie1996, Most instruments are "falling knives". Wait for the rounds. Now only financial investors can enter. Those who trade in the shorter term have to wait. But I do both things.
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